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1208-10 Summit Avenue , Union City, NJ 07087

$7,300,000

Detail

  • Property ID: 22024024
  • Price: $7,300,000
  • Year Built: New Construction-Existing Foundation
  • Property Type: 5+ Family/Mixed Use
  • Property Status: Mixed Use

Description

Excellent investment opportunity to invest in a very vibrant section of Union City. 24 residential units on floors 3 to 6 are all currently occupied. Six units per floor comprised of studios, one bedroom, and two bedrooms. All units come equipped with modern appliances and central air. All tenants pay their own utilities. Coin operated washers and dryers on floors 3-6. Two units with balconies on floors 3-6 (total of 8 units with balconies). Plans have been approved for an additional 3 residential units on the second floor. The ground floor is currently vacant and ready for a commercial tenant. Easy transportation to NYC and throughout Bergen County. Very stable income-generating building and very easy to maintain. Newly constructed in 2016. It is an As-Is sale.

  • Address: 1208-10 Summit Avenue
  • City: Union City
  • State/county: HUDSON / NJ
  • Zip/Postal Code: 07087
  • Country: United States

Listing provided by Coldwell Banker, Fort Lee

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2022-09-27 2:00 AM. Source: New Jersey Multiple Listing Service, Inc.

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